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Sold on 19 Jul 2024 - Price Unavailable

11 Mission Terrace
Lakewood NSW 2443

Bedrooms: -
Bathrooms: 20
Car spaces: -
Land area: 563400m2
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Property Details for 11 Mission Tce, Lakewood

11 Mission Tce, Lakewood is a bedroom, 20 bathroom House. The property has a land size of 563400m2. While the property is not currently for sale or for rent, it was last sold in July 2024. There are other bedroom House sold in Lakewood in the last 12 months.

Building Type
House
Land Size
563400m2
Local Government
Port Macquarie-Hastings
Lot/Plan
2/DP771931

Last Listing description (July 2024)

Nestled within the serene landscape of the Camden Haven, 11 Mission Terrace presents a unique opportunity for discerning investors or organizations seeking a multifaceted property with vast potential. Spanning an expansive 56.34 hectares, this property offers a harmonious blend of residential, administrative, and recreational facilities, amidst its predominantly natural bushland setting.

Key Features:

- Residential Complex: The property boasts 23 homes, providing comfortable and accommodating living spaces for occupants. There are 17 x 3 bedroom residences, 2 x 4 bedroom residence, 3 x 1 bedroom studios and 1 x 2 bedroom residences. These homes cater to both permanent and semi-permanent residents, offering flexibility in tenancy arrangements.

- Administrative Building: A central administrative hub ensures efficient management and coordination of the property. This facility serves as a focal point for administrative tasks and facilitates communication among residents and management. Its also has meeting facilities and bathroom

- Training Facilities and Activities Building: Equipped with state-of-the-art training amenities, including two dedicated training rooms, the property caters to educational and developmental needs. Whether for professional workshops, community programs, or recreational activities, these facilities offer versatile spaces for learning and growth. Enhancing the property's recreational offerings, an activities building features a spacious kitchen and dining hall. This versatile space accommodates various events, gatherings, and social activities, fostering a sense of community among residents.

- Machinery Shed: A large machinery shed provides ample storage and workspace for equipment and maintenance essentials. This facility supports the property's upkeep and facilitates efficient operation of agricultural or maintenance activities.

- Expansion Potential: With scope for three additional dwellings, the property offers exciting opportunities for expansion and development. Whether for increasing residential capacity or introducing new facilities, this potential adds significant value and versatility to the property.

- Natural Bushland: Embracing its natural surroundings, approximately 95% of the property is pristine bushland, offering a tranquil and picturesque backdrop. This untouched wilderness enhances the property's ecological appeal and provides opportunities for nature-based activities and conservation efforts.

Ideal Investment:

11 Mission Terrace, Lakewood, presents a rare opportunity to acquire a comprehensive property with diverse income streams and growth potential. From residential leasing, community organisations to educational groups, this property offers a range of revenue-generating possibilities. Additionally, its expansive grounds and strategic location ensure long-term viability and desirability.

- Proximity to Camden Haven and Port Macquarie: Located in the vibrant Camden Haven area, 11 Mission Terrace enjoys close proximity to a range of amenities and facilities. The nearby township offers essential services, shopping centers, restaurants, and recreational attractions, providing convenience and accessibility for residents and visitors alike. Furthermore, its strategic position affords easy access to the bustling city of Port Macquarie, renowned for its coastal charm, cultural landmarks, and economic opportunities. Whether seeking urban conveniences or coastal delights, residents of 11 Mission Terrace benefit from the best of both worlds.

In summary, this property stands as a testament to versatility, offering a blend of residential comfort, administrative efficiency, and recreational amenities within a vast expanse of natural bushland. Whether as an investment venture or a strategic acquisition, this property embodies the essence of opportunity and potential.

For further details and inquiries, please refer to the accompanying information memorandum or contact our representatives directly.

DISCLAIMER: The information contained in the advertising of this property is based on information provided to the agents, and the vendor and agents expressly disclaim any liability arising therefrom. The accuracy of the information cannot be guaranteed, and prospective purchasers should make their own enquiries and form their own judgement as to these matters.

Property History for 11 Mission Tce, Lakewood, NSW 2443

A timeline of how this property has performed in the market
Last Sold
19 Jul 2024
  • 19 Jul 2024
    Sold
  • 17 May 2024
    Listed for Sale Contact Agent
  • 01 Jul 1999
    Sold for $700,000

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About Lakewood 2443

The size of Lakewood is approximately 2.2 square kilometres. It has 3 parks covering nearly 24.3% of total area. The population of Lakewood in 2011 was 1,317 people. By 2016 the population was 1,196 showing a population decline of 9.2% in the area during that time. The predominant age group in Lakewood is 60-69 years. Households in Lakewood are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Lakewood work in a trades occupation. In 2011, 80.2% of the homes in Lakewood were owner-occupied compared with 79.1% in 2016.

Lakewood has 704 properties. Over the last 5 years, Houses in Lakewood have seen a 55.81% increase in median value, while Units have seen a 24.77% increase. As at 31 October 2024:

  • The median value for Houses in Lakewood is $772,329 while the median value for Units is $478,476.
  • Houses have a median rent of $550.
There are currently 12 properties listed for sale, and 1 property listed for rent in Lakewood on OnTheHouse. According to CoreLogic's data, 32 properties were sold in the past 12 months in Lakewood.

Suburb Insights for Lakewood 2443

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Elders Real Estate Camden Haven
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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.